Key risks
Volatile recent results: OPM ranged from -2.71% (Mar 2026) to +5.62% (Jun 2026), and net profit swung from -₹4.08 Cr to +₹2.42 Cr in consecutive quarters, indicating exposure to demand or input-cost shocks
Unsustainable headline metrics: 0.94% OPM and -1.68% ROE across the period reflect minimal profitability and inefficient capital deployment
Recovery sustainability unproven: Jun 2026 marks first profitable quarter after consecutive losses; verify whether turnaround reflects operational durability or cyclical upturn
Generated analysis · source review pending